All Forum Posts by: Travis Trull

@Polina Kin  I agree with Jerry W. that I would get a title company to look it over and see where they think the problem is and what rights the seller had to sell it to you in the first place. Then if it is truly just a minor issue with the deed I think a Quiet Title action would take care of clearing the title permanently.

I am actually local here in Montgomery, AL, and would be happy to look into it a bit if you would like. I could at least swing by the property to take a look at it. I also spend a lot of time tracking down people who are hard to find around here, so I might be able to come up with something. Just an offer. Let me know if you're interested in me taking a look at it.

I would probably rent for cash flow as well, but it of course depends on their situation and their needs. For example, can they financially afford to move without selling? If so, even renting for a time could make up the costs that they will lose doing repairs before selling. So they could rent for a few years and then sell.

But if they are interested in someone making an offer to buy as-is, inheriting those problems and risks and the costs of repair, my company is local to Montgomery, and we could take a look and see what we could offer.

@Cleomentes Powell I have lived and worked in East Africa (Tanzania, 5 years, and Kenya, 9 years) and have traveled through Ghana on my way in and out of Togo, where I spent three months. Beautiful area. As for wholesaling, I do not know how it works in Ghana, but I would definitely seek advice from a real estate attorney as laws in many African countries can be more complicated (fewer legal assurances) than in American or European countries. Also, lawsuits can be a big problem in some of these places. Since you are just starting, I would try to find a real estate attorney who can give you a little input for free or cheap, knowing he may get future business from you. I do know that one common real estate strategy in Africa is to find small to medium size towns that are growing quickly. You can often predict which way the town will grow based on government proposals or new schools moving in, and you can purchase land in that direction for a fraction of what it will be worth in a year or two (or sometimes even just a few months). Sorry I don't know more, but I'd love to hear back on anything you learn! Good luck!